Ripio Credit Network Price

At its core, the Ripio Credit Network is a cryptocurrency project dedicated to developing a secure, decentralized lending platform. By utilising the power of smart contracts on the Ethereum blockchain, RCN facilitates direct interactions between borrowers and lenders. This not only enhances security and transparency but also ensures accuracy and immutability in transactions.

One of the defining features of Ripio Credit Network is its innovative credit scoring system. Unlike traditional financial institutions, which often rely on credit scores that marginalize individuals with limited credit history, RCN utilises a broader array of data points. Borrowers are evaluated based on their transactional history, social media footprint, and other relevant metrics. This holistic approach to credit assessment promotes financial inclusion, ensuring that underserved populations have access to credit services.